While tariffs have increased building costs for most projects and slowed construction spending in the short run, there are those who believe that this will help in the long run to increase domestic manufacturing.
Some of the issues that are part of this discussion are whether the tariffs will be consistent in the long term and whether there will be enough skilled labor for the construction industry. If there were other causes for the loss of manufacturing in the U.S. over the years besides low tariffs, do the higher tariffs solve this?
Diversifying sourcing and stockpiling selected commodities has helped some contractors. However construction spending is projected to only be 1% more in 2025 than last year. Read Construction weighs tariff hopes, doubts in H2 2025 for more on the discussion.
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